Articles for tag: Bitcoin, Cryptocurrency market, financial impact, investor concerns, Michael Saylor, MicroStrategy, stock decline

March 10, 2025

MicroStrategy’s Collapse: Key Bitcoin Levels to Monitor for Potential Market Meltdown

MicroStrategy’s stock (MSTR) has seen a significant drop of 47% since November 2024, now at $287.18 as of March 9, 2025. This decline raises concerns for Bitcoin and the wider crypto Market because MicroStrategy holds a large amount of Bitcoin. If MSTR falls below its crucial support level of $288, it could lead to more ...

December 30, 2024

Market News

Crypto

MicroStrategy Stock Drops 7% as Bitcoin Purchases Slow: Impacts on Business Strategy and Market Trends

MicroStrategy’s stock fell about 7% following a report of decreased Bitcoin purchases. The company, which holds a significant amount of Bitcoin, bought $209 million worth in the recent week, but it marks the eighth consecutive week of reduced purchases. Currently, it has 446,400 BTC valued at around $41.4 billion, with an average buying price of ...